Nèdeem Elmahjoub's blog

Whatever "growth" means nowadays amid the destruction of the environment, according to the Trade Union Congress the UK has experienced The worst decade for growth in two centuries

"Get Brexit done" has won! Related: The UK is more regionally divided than any comparable advanced economy. Our analysis finds stark regional differences in productivity, income, unemployment, health and politics. We are not the only country to have regional divides, but our regional inequalities in productivity, income and health are far worse than in any comparable country.  

Labour's economic policy: the challenge ahead

Two weeks ago, an Italian student at an elite university told a language teacher: "immigrants are incompatible with the Italian society."  I immediately thought of how my iPad port is incompatible with my canon camera's lead.  Hostile Environment How Immigrants Became Scapegoats

The Corbyn Project A modest, but not negligible project. Weak on foreign affairs and defence.

Financialisation and the UK economy (An audio interview)

"Creative destruction"?

Britain Michael Roberts reporting from a Labour Party conference Models of public ownership and   Why did Labour lose in 1983? "In a way, the myth that it was the 'hard Left' that cost Labour the election is an inverted form of Bennite optimism. It lays all the emphasis upon ideology, agency and leadership, albeit in a thin, polemical way that asks no searching questions of the Labour Right and Centre, long its dominant forces. But, then as now, agency and leadership turn out to depend on far bigger historical processes. And it's their obliviousness to those larger processes that leaves Corbyn's right-wing critics out in the cold, fantasising about re-staging the battles of the 1980s."

"The report presented by GFC,  Financing Investment: Interim report,  provides us with a meticulous investigation of the failure of British capitalism to invest productively to deliver better productivity, incomes and employment.  The report exposes the failure of the UK banks to direct lending into productive sectors instead into speculative financial and unproductive property assets.  Thus, UK productivity performance is extremely poor, R&D spending is low and innovation is limited." Labour's interim report pn the UK economy

The UK economy since 2007 — an economic record of comparative mediocrity